Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.

Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.

Source: NBC News—  While Covid was battering the U.S. economy, Gary Goldberg seems to have done OK. During 2020, the pandemic’s first year, the Santa Barbara, California, real estate agent sold more than $27 million worth of luxury homes, slightly down from the...
Redfin Advises Listing Sooner Rather Than Later, Pricing Slightly Below Recent Comps & Other Home-Selling Tips For a Changing Market June 2, 20

Redfin Advises Listing Sooner Rather Than Later, Pricing Slightly Below Recent Comps & Other Home-Selling Tips For a Changing Market June 2, 20

Source: Redfin —  The housing market is shifting from a red-hot seller’s market to one where buyers have some power. After nearly two years of a housing-supply shortage and bidding wars for most homes that did come on the market, higher mortgage rates and...